i find so wrong that LCY dont release the FULL results of phase 3 drilling
I expressed my concern to the company sec,i mentoned that LCY were due 60% ownership upon spending $3.5mil & pre-fesibility, that is work perfect from co ann.
i was told what is pre fes,i said it was in the co ann,so why ask me.
For the life of me i dont get it,hand over 60% of Mt Bevan without any proof of what the mine really is.
I believe the over spend is the issue,unless HAW pay 40% of the overspend LCY will not disclose the true readings or have asked SKR to hold the results until payment is made on the overspend & LCY will not pay SKR their fee to do the modelling.
For a bunch of lawyers they should have had a tighter contract agreement.
I have a very large amount of shares, it worries me that it is really dragging out, however HAW have more cash than LCY so i may play out soon ???
Cheers
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